Prior notification of a concentration (Case M.10606 – MUBADALA / NATIONALE-NEDERLANDEN / HEALTHCARE ACTIVOS MANAGEMENT / HEALTHCARE ACTIVOS YIELD SOCIMI /HEALTHCARE ACTIVOS INVESTMENT / SEQUÊNCIALTERNATIVA) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 88/03
Date: 2022-02-24
Institutions: Directorate-General for Competition, European Commission
Subjects: Portugal, Spain, economic concentration, financial services, investment company, management, medical institution, merger control, property leasing, provision of services, social facilities








C_2022088EN.01002401.xml










24.2.2022   


EN


Official Journal of the European Union


C 88/24






Prior notification of a concentration
(Case M.10606 – MUBADALA / NATIONALE-NEDERLANDEN / HEALTHCARE ACTIVOS MANAGEMENT / HEALTHCARE ACTIVOS YIELD SOCIMI /HEALTHCARE ACTIVOS INVESTMENT / SEQUÊNCIALTERNATIVA)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 88/03)

1.   
On 16 February 2022, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


Mubadala Investment Company (‘MIC’, United Arab Emirates),










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Nationale-Nederlanden (‘NN’, the Netherlands),










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Healthcare Activos Management S.L. (‘HAM’, Spain),










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HEALTHCARE ACTIVOS YIELD SOCIMI S.A., (‘HAY’, Spain),










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Various real estate companies owned by HEALTHCARE ACTIVOS INVESTMENT, S.A. (‘HAISA Entities’, Spain),










—


Sequêncialternativa S.A. (‘SQA’, Portugal).




MIC, NN and HAM acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of HAY, the HAISA Entities and SQA (together, the ‘Target’).
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


for MIC: investing in a wide range of strategic sectors, including energy, utilities, real estate, basic industries and services. MIC holds investments in entities that are active in multiple countries around the world,










—


for NN: an international financial services company that provides retirement, pensions, insurance, investments and banking services,










—


for HAM: the provision of management services to the Target,










—


for the Target: the acquisition and leasing of real estate assets for healthcare uses, such as clinics, hospitals, primary care centres, nursing homes and mental care institutions. The Target’s assets are located in Spain and Portugal.






3.   
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


4.   
The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.10606 – MUBADALA / NATIONALE-NEDERLANDEN / HEALTHCARE ACTIVOS MANAGEMENT / HEALTHCARE ACTIVOS YIELD SOCIMI / HEALTHCARE ACTIVOS INVESTMENT / SEQUÊNCIALTERNATIVA
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Fax +32 22964301
Postal address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.